We are pleased to exclusively offer this A+ location 7-unit multifamily property located at 12231 Pacific Avenue in the heart of Mar Vista. The 6,950 square foot building features a well-designed unit mix of (4) 2-bedroom, 2-bathroom unit and (2) 3-bedroom, 2-bathroom units and (1) 2-bedroom, 1-bathroom unit. This asset presents a unique “blank slate” opportunity for an investor to implement a value-add business plan. The strategy involves renovating the units to modern standards targeting a gross monthly income of $23,000. This represents a 24.3% increase over the pro-forma gross monthly rent of $18,500. 12 parking spaces and laundry room in complex with potential for increased revenue.
Property Details
Price:
$2,600,000
MLS #:
26659095
Status:
Active
Beds:
16
Baths:
13
Type:
Single Family
Neighborhood:
c13palmsmarvista
Listed Date:
Mar 3, 2026
Finished Sq Ft:
6,950
Total Sq Ft:
6,950
Lot Size:
7,503 sqft / 0.17 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Laundry Features
CM
Exterior
Parking Spots
12
Financial
Map
Community
- Address12231 Pacific AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 10, 2026
7,155
Single Family Listed
83
Avg DOM
510
Avg $ / SqFt
$1,496,505
Avg List Price
Property Summary
- 12231 Pacific AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90066. It is listed for $2,600,000 and features 16 beds, 13 baths, and has approximately 6,950 square feet of living space, and was originally constructed in 1963. The current price per square foot is $374. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,496,505.
Similar Listings Nearby
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.12231 Pacific AV
Los Angeles, CA